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FBR & Co. Announces the Addition of Michael McHugh to Investment Banking Team

ARLINGTON, Va., March 03, 2016 (GLOBE NEWSWIRE) -- FBR & Co. (Nasdaq:FBRC) ("FBR" or the “Company”), a leading investment bank serving the middle market, today announced that Michael McHugh has joined the Company’s Investment Banking Team as Managing Director covering media and telecommunications. He is based in the Company’s Arlington, VA office and is focused on providing the full suite of FBR’s products to his client base.

“We are thrilled to have Michael joining our Industrials and Technology banking team. His vast experience with growth sector, mid-market clients, particularly in the area of media and telecommunications will be a terrific complement to our team and strengthen our offerings in these areas,” said Executive Vice President and Head of Investment Banking, Kenneth P. Slosser. “Michael is a proven leader and we look forward to seeing meaningful contributions from him.”

Mr. McHugh brings more than twenty years of experience in the investment banking industry and has developed deep expertise in the area of mergers, acquisitions and corporate advisory services. Most recently he served as head of the media and communications group at Matrix Capital Markets Group in Richmond, VA. He has held senior positions at Waller Capital, WWC Capital Group, MCG Capital Corp. and GE Corporate Financial Services. Mr. McHugh holds a B.S.B.A. from the University of Richmond and an M.B.A. from Emory University.

About FBR

FBR & Co. (Nasdaq:FBRC) provides investment banking, merger and acquisition advisory, institutional brokerage, and research services through its subsidiary FBR Capital Markets & Co. and MLV & Co. FBR focuses capital and financial expertise on the following industry sectors: consumer; energy & natural resources; financial institutions; healthcare; industrials; insurance; real estate; and technology, media & telecom. FBR is headquartered in the Washington, D.C. metropolitan area with offices throughout the United States. For more information, please visit www.fbr.com.

Contacts: Media: Shannon Hawkins at 703.469.1190 or shawkins@fbr.com Investors: Linda E. Eddy at 703.312.9715 or leddy@fbr.com

Source:FBR & Co.